Sen. Elizabeth Warren has a new warning for Treasury Secretary Janet Yellen: Stop saying it’s OK for banks to get bigger. The Massachusetts Democrat in a letter Tuesday to Yellen, ...
Sen. John Fetterman floated the idea of work requirements for banking executives that receive taxpayer bailouts in remarks during a Senate Banking Committee hearing on Tuesday that some conservative commentators ...
The FDIC said Monday that JPMorgan Chase has purchased First Republic Bank, the embattled lender that has struggled for weeks after being slammed with massive deposit outflows. Regulators had scrambled ...
JPMorgan Chase’s Jamie Dimon thinks the U.S. economy is holding up pretty well, all things considered. But he sees trouble ahead. “Threatening clouds are still here,” the CEO of the ...
A buyer for Silicon Valley Bank’s deposits and loans helped shares in European lenders mount a partial recovery on Monday, after the sector was hammered last week by worries of ...
First Citizens BancShares Inc was in advanced talks to acquire Silicon Valley Bank, a person familiar with the matter told Reuters on Sunday. First Citizens could reach a deal as soon ...
Crypto businesses have warned for months that the Biden administration is quietly moving to push them out of the U.S. Now, with the collapse of three crypto-friendly banks, they say ...
House Republicans are pushing President Joe Biden to investigate the Chinese Communist Party’s ties to the collapsed Silicon Valley Bank – and demanding that he reveal any Biden family connections ...
For years, Silicon Valley and Washington have been going through an acrimonious political divorce. An industry that had long been subsidized by government investment, going back to the inventions of ...
The Democratic National Committee and President Biden’s 2020 campaign plan to rid themselves of political donations linked to the failed Silicon Valley Bank, the DNC said on Friday. Biden’s presidential ...
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